Mayer Steel Pipe Corporation

TWSE:2020 Stock Report

Market Cap: NT$7.6b

Mayer Steel Pipe Dividends and Buybacks

Dividend criteria checks 5/6

Mayer Steel Pipe is a dividend paying company with a current yield of 5.88% that is well covered by earnings.

Key information

5.9%

Dividend yield

n/a

Buyback Yield

Total Shareholder Yieldn/a
Future Dividend Yieldn/a
Dividend Growth13.3%
Next dividend pay daten/a
Ex dividend daten/a
Dividend per shareNT$1.667
Payout ratio34%

Recent dividend and buyback updates

Recent updates

Mayer Steel Pipe (TWSE:2020) Is Increasing Its Dividend To NT$2.00

May 10
Mayer Steel Pipe (TWSE:2020) Is Increasing Its Dividend To NT$2.00

Mayer Steel Pipe (TWSE:2020) Has Announced That It Will Be Increasing Its Dividend To NT$2.00

Apr 26
Mayer Steel Pipe (TWSE:2020) Has Announced That It Will Be Increasing Its Dividend To NT$2.00

We Think That There Are Issues Underlying Mayer Steel Pipe's (TWSE:2020) Earnings

Mar 21
We Think That There Are Issues Underlying Mayer Steel Pipe's (TWSE:2020) Earnings

Mayer Steel Pipe (TWSE:2020) Will Pay A Larger Dividend Than Last Year At NT$2.00

Mar 15
Mayer Steel Pipe (TWSE:2020) Will Pay A Larger Dividend Than Last Year At NT$2.00

We Think Mayer Steel Pipe (TPE:2020) Can Stay On Top Of Its Debt

Apr 08
We Think Mayer Steel Pipe (TPE:2020) Can Stay On Top Of Its Debt

How Does Mayer Steel Pipe Corporation (TPE:2020) Fare As A Dividend Stock?

Mar 24
How Does Mayer Steel Pipe Corporation (TPE:2020) Fare As A Dividend Stock?

Calculating The Intrinsic Value Of Mayer Steel Pipe Corporation (TPE:2020)

Mar 03
Calculating The Intrinsic Value Of Mayer Steel Pipe Corporation (TPE:2020)

Is Mayer Steel Pipe Corporation's (TPE:2020) Recent Stock Performance Influenced By Its Financials In Any Way?

Feb 16
Is Mayer Steel Pipe Corporation's (TPE:2020) Recent Stock Performance Influenced By Its Financials In Any Way?

Will The ROCE Trend At Mayer Steel Pipe (TPE:2020) Continue?

Feb 01
Will The ROCE Trend At Mayer Steel Pipe (TPE:2020) Continue?

Did You Participate In Any Of Mayer Steel Pipe's (TPE:2020) Fantastic 111% Return ?

Jan 19
Did You Participate In Any Of Mayer Steel Pipe's (TPE:2020) Fantastic 111% Return ?

Is Mayer Steel Pipe (TPE:2020) A Risky Investment?

Jan 06
Is Mayer Steel Pipe (TPE:2020) A Risky Investment?

Is Mayer Steel Pipe Corporation (TPE:2020) A Risky Dividend Stock?

Dec 24
Is Mayer Steel Pipe Corporation (TPE:2020) A Risky Dividend Stock?

We're Not Counting On Mayer Steel Pipe (TPE:2020) To Sustain Its Statutory Profitability

Dec 11
We're Not Counting On Mayer Steel Pipe (TPE:2020) To Sustain Its Statutory Profitability

Estimating The Fair Value Of Mayer Steel Pipe Corporation (TPE:2020)

Nov 28
Estimating The Fair Value Of Mayer Steel Pipe Corporation (TPE:2020)

Stability and Growth of Payments

Fetching dividends data

Stable Dividend: 2020's dividend payments have been volatile in the past 10 years.

Growing Dividend: 2020's dividend payments have increased over the past 10 years.


Dividend Yield vs Market

Mayer Steel Pipe Dividend Yield vs Market
How does 2020 dividend yield compare to the market?
SegmentDividend Yield
Company (2020)5.9%
Market Bottom 25% (TW)1.7%
Market Top 25% (TW)4.5%
Industry Average (Metals and Mining)3.0%
Analyst forecast (2020) (up to 3 years)n/a

Notable Dividend: 2020's dividend (5.88%) is higher than the bottom 25% of dividend payers in the TW market (1.75%).

High Dividend: 2020's dividend (5.88%) is in the top 25% of dividend payers in the TW market (4.52%)


Earnings Payout to Shareholders

Earnings Coverage: With its reasonably low payout ratio (33.8%), 2020's dividend payments are well covered by earnings.


Cash Payout to Shareholders

Cash Flow Coverage: With its reasonable cash payout ratio (71.1%), 2020's dividend payments are covered by cash flows.


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